Word: option
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Dates: during 1960-1969
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...middle-income stockbroker, Prince entered the theater at 20 as an odd-job boy for Director George Abbott, got a lot of tips and contacts from him. When he was 25, Prince and another Abbott aide, the late Robert Griffith, bought an option on a book called 7½?, hired writers and composers, then went out to raise cash in backers' auditions staged in the living rooms of friends. While four chorus girls warbled songs, Prince recited the story line and passed around a fifth of Scotch, a bag of potato chips and a ballpoint pen for prospective angels...
Back Into Action. Money is not usually a problem. Pensions and deferred option deals usually equal one-third to one-half of the executives' working salaries, and in some cases much more. What the corporate celebrities really miss are the old powers, pressures and personal contacts-the feeling of being on the inside and the sense of responsible activity. Some companies (Honeywell Inc., American Express and Jersey Standard, among others) try to fill the gap by giving their retired chief executives and directors a base for new activities; they provide them with office space, but it is usually segregated...
...touch football classic between the Yale Daily News and the Harvard Crimson will unfold at 11 a.m. today on the "Old Campus Field" when the Harvard eleven, which has been undefeated in every major contest so far, opens with a draw sweep off left tackle followed by a quarterback option leading to a double reverse around the right end, sending two receivers long down field and two linebackers deep into Yale territory, to put the Crimeds in a key position for the crucial fourth down against the Yalies...
Harvard picked up one first down. But then with a third down on their own 39, Crimson quarterback John McCluskey rolled to the right on an option pitchout play. As McCluskey was about to lateral the ball to halfback Wally Grant, end Rod Watson got his hand on the ball. The ball blooped high into the air, and was recovered on the Crimson 43 by Jim Howard...
...days. He set a new Yale League record of 16 completions against Dartmouth, but was only one for eleven in the first half against Princeton. If Humphrey plays well, the Yale offense can be very hard to stop. He is a decent runner and runs the option well...